2010-07-16 15:36

China's finance ministry auctioned 23.2 billion yuan ($3.43 billion) of three-year bonds on behalf of seven regional governments at a yield of 2.33 percent, traders said on Friday.

The result compares with a 2.77 percent yield on 28.6 billion yuan of bonds with the same tenor sold on June 18 for regional governments of Xinjiang, Qinghai, Jiangxi, Hubei, Chongqing, Xiamen, Gansu, Guangxi and Hunan.

 

 

 

Following are the allocations details for Friday's local government bonds:

Region	Allotment(in billion yuan)
Qingdao?	0.5
Yunnan	5.2?
Hainan	1.7
Fujian?	3.3
Beijing?	3.7
Shandong	4.0?
Guangdong?	4.8
Total	23.2?